This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Pessimistic consumer expectations and decreased government spending are both associated with: a. a ... (Read 19 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
Pessimistic consumer expectations and decreased government spending are both associated with:
 a. a downward movement along the aggregate demand curve.
  b. an upward movement along the aggregate demand curve.
  c. a leftward shift of the aggregate demand curve.
  d. a rightward shift of the aggregate demand curve.
  e. a steeper slope of the aggregate demand curve.

Question 2

Economists need to develop abstractions in order to:
 a. avoid analyzing real-world economic interactions, which are too complicated to understand.
  b. distinguish normative economic behavior from positive economic behavior.
 c. avoid committing the fallacy of composition.
 d. understand and explain economic behavior.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

KKcool

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


gbarreiro

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 30, 2018
Correct answers!


KKcool

  • Sr. Member
  • ****
  • Posts: 340
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
Primates exhibit prolonged life histories, spending more time in each stage of life than most other Primates exhibit prolonged life histories, spending more time in each stage of life than most other
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Diet Soda's Consumption's Association with Increased (not Decreased) Prevalence of ... Diet Soda's Consumption's Association with Increased (not Decreased) Prevalence of ...
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library